DISCUSSION 1
“Simply-in-Time (JIT)” Please reply to the next:
Develop three (Three) examples that illustrate how a producing firm or a service firm of your selection makes use of JIT, after which decide three to 4 (Three-Four) advantages of JIT for that exact group. Focus on how the JIT idea differs between manufacturing and repair firms. Present particular examples to help your rationale.
DISCUSSION 2
“Market Buildings and Price Administration” Please reply to the next:
From the situation for Katrina’s Candies, decide the suitable kind of market construction for the scenario in Question Assignment. Cite at the very least 4 (Four) defining traits which have helped you attain this determination relating to the appropriateness of the chosen construction.
Think about that you’re a supervisor of a chemical firm. An accident has occurred through which chemical compounds leaked into the bottom water close by. The neighborhood is unaware of the accident. Evaluate the first prices concerned in cleansing up the water instantly (and thus confessing) versus hiding your culpability now and probably paying extra sooner or later. Predict the impression on profitability in each conditions.
